Introduction to the Department of Insurance and Valuation
The Department of Insurance and Valuation is committed to enhance the education in the field of Insurance and Finance by introducing undergraduate, diploma and higher diploma programmes with skills, capabilities and competencies to meet the real world requirement through interaction with public and private sector organizations. It is also committed to pursuing the excellence in teaching and learning in Insurance and Finance by conducting research and community service while making all efforts to contribute to the vision of the Faculty of Business Studies and Finance.
Vision and Mission of the Department
Vision
“To be the Centre of Excellence in the Arena of Risk and Insurance Education”
Mission
“Department of Insurance and Valuation is committed to develop its stakeholders’ competencies through education, training, research, and other outreach programmes to more effectively manage the challenges in the field of Risk, Insurance and Finance”
Bachelor of Science Honours in Insurance & Finance
Bachelor of Science Honours in Insurance and Finance is offered by the Department of Insurance and Valuation. The Department was established in 2001 as the first Insurance and Valuation related Academic Department of the University system in Sri Lanka to offer specialized degree in the field of Insurance with the intention of providing a quality graduate to fulfill the needs of Insurance Industry in Sri Lanka.
At present the Department is committed to enhance the education in the field of Insurance and Finance by introducing undergraduate, diploma and higher diploma programmes with skills, capabilities and competencies to meet the real world requirement through interaction with public and private sector organizations. It is also committed to pursue the excellence in teaching and learning in Insurance and Finance by conducting research and community service while making all efforts to contribute to the vision of the Faculty of Business Studies and Finance.
The Department of Insurance and Valuation has offered Bachelor of Science (Special) Degree in Insurance and Valuation from the commencement of the Department in 2001 and with effect from 07th December 2017, the title of the degree was changed as “BSc (Hons) Insurance & Finance”.
BSc (Hons) Insurance & Finance is four-year degree programme. During the Level 1 of the degree programme, students are required to follow the common programme which is to provide the core management knowledge by giving them in all functional areas in Business Studies and Finance. During Level 2, 3, and 4 courses are specialized to Insurance and Finance including dissertation and six months industrial training component. This course extensively covers all aspects of insurance and business finance while developing the areas of technical skills, creative skills, communication skills, cross-functional skills, ethical and people skills and innovative capabilities of the students.
To accommodate the growing need for qualified professional in the field of Insurance, the Department has designed and offers subjects relating to key areas of insurance, risk and finance.
